I have always believed that the difference between the rich and the poor is the amount of debt they voluntarily put themselves into. Most of the problems of the poor have nothing to do with Exxon, Conservatives, the rich, or their bosses. Rather it is their own financial mistakes that makes and keeps them poor. When someone spends what they haven't earned they voluntarily make them self an indenture servant. A man can never be free when he is in debt. Even the bible points this out this when it states "the borrower is servant to the lender". The result is people's own actions make them richer or poorer.
The problem arises when the Government spends money and takes debt out in your name. No matter how much financial restraint you may have shown the government is putting you into debt. If you take the current total national debt and break it out by person it is $29,368.63(total debt of 8.8 trillion divided by 303 million). Since the US does not have the same accounting standards as corporations the number is actually considerably higher. This also does not include all the local and state bonds that are issued that the citizens will be accountable for.
The most ironic part of this is that most of this money is spent by liberals who were voted for by the people who put themselves into debt. They screwed themselves now they are screwing you. When it comes time to paying it back, the people who are financial responsible are the ones who will have to foot the bill. Obviously the poor are not going to be able to pay the bill when it comes due, which will increase your share. It is really scary that government officials can borrow money with no consequences and in fact are encouraged to by their voting base to do so. People like John Edwards can call for huge entitlements while the rest of us are left footing the bill.
When a private individual steals your credit card and puts you into debt it is a crime and we put that person into jail. When the government does it we put that person into congress and the White House.
This blog is a libertarian leaning blog, mainly about politics. I will also discuss other things that happen to get under my skin. I am the kind of person who likes controversy so please fell free to disagree with me in the most impolite way possible. -Jcard
About Me
- JCARD3352
- Fort Mill, South Carolina
2 comments:
Your scenarios are well-known, long-disproven slogans. Maybe you didn't grow up working poor, or never knew anyone that was utterly devastated by something like a car failing, or an illness that didn't pass quickly. I have no idea, but I do know I'm sick to death of "blame the poor" while nobody seems to have any problem with CEOs who make 400 times what their employees make WHILE they cut benefits and retirement for said employees. If that's Libertarianism, keep it.
Who else is to blame? In a free country each of us is responsible for their own well being.
As for the CEO's, I have no problem with the making 400X what I make. If the owners of the company want to pay him that then all the better. You would rather the government decide who gets what then the owners of the company.
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